There’s a lot of developments going on in the online space but most of them, while potentially changing the state of online business for years to come, have been flying under the radar for most people. It is interesting to see that what some of us are witnessing is really the beginning of a silent revolution, currently underway but far from the glare of most journalists and of the general population. An example of this is the weblog. While the more web-savvy participants amongst us are very familiar with the concept, there seems to be a lack of understanding of what blogs are about. Most dismiss them as diaries (which some blogs, like those hosted by LiveJournal, truly are) but fail to realize that there is a lot more going on in the space. I recently had a chance to discuss emerging trends in technology with a number of Internet executives for large companies and was very surprised to see how quickly the weblog phenomenon is being dismissed. What I suspect is that this is largely the result of the complexity of weblogland, an area that is hard to really classify neatly in a few buzzwords. A world where Glenn…